Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
LS42 from Edegem, company number BE0896776381, closed financial year 2025 with a result of € -170,449 after tax. For that financial year LS42 recorded a gross margin of € -145,017 and equity of € 83,838. Compared with financial year 2024, the result moved from € -36,740 to € -170,449. The company made a loss. The buffer shrank hard: equity is 68 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 83,838
▼ 68% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -170,449
▼ 364 % more loss than in 2024
Profit after tax over the fiscal year.
€ 468
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 77,638.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 653
▼ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 258
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 184
▼ 22% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -41,006 | € -13,591 | € -127,320 | € -145,017 | ▼ € 17,696 |
| Profit after taxes | € -48,266 | € -19,934 | € -36,740 | € -170,449 | ▼ € 133,709 |
| Equity | € 322,011 | € 302,077 | € 265,337 | € 83,838 | ▼ 68% |
| Total debts | € 100,596 | € 58,443 | € 32,377 | € 54,764 | ▲ 69% |
| Cash | € 376,204 | € 293,254 | € 13,102 | € 468 | ▼ 96% |
| Land & buildings | € 2,074 | € 1,555 | € 1,037 | € 519 | ▼ 50% |
| Retained profit | € 315,811 | € 295,877 | € 259,137 | € 77,638 | ▼ 70% |
| Dividend | € 0 | € 0 | € 0 | € 11,050 | |
| Bank debt | € 60,903 | € 40,908 | € 20,608 | € 0 | ▼ 100% |
| Balance sheet total | € 422,608 | € 360,520 | € 297,714 | € 138,601 | ▼ 53% |
Key figures of LS42, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to LS42?
What happened at LS42 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 170,449. Source: NBB ↗
- New establishment in Edegem. KBO
- Pepijn Palmans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 48,266 loss in 2022 to € 170,449 loss in 2025.
Paid € 603 in corporate taxes since 2022.
Paid out € 11,050 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Pepijn Palmans
Director
since 2008
Establishments
Establishment units
Physical locations of this company
Prins Boudewijnlaan 140
2650 Edegem
Mechelsesteenweg 308
2650 Edegem
Active since 28 March 2008
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0896.776.381
- VAT number
- BE 0896.776.381
- Registered office
- Prins Boudewijnlaan 140, 2650 Edegem
- Names & denominations
- LS42
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 2008
- Peppol
- Active · Active since 27 Mar 2026
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